Q3 Results: Mitrabara & Trikomsel

Coal miner Mitrabara Adiperdana (MBAP) reported weaker earning performance in the third quarter (Q3) of 2019 due to expanded costs. It booked a net profit of US$10.21 million in Q3 this year, which is a 28.3% decline from US$14.23 million profit in the corresponding period of 2017. In the first half (H1), Mitrabara’s reported a flat profit at US$34.5 million.